• 2512 Fletcher Street Anderson, IN 46016

  • $35,000
  • 2
    Bed(s)
  • 3
    Baths
  • 1,430
    Sq Ft
  • 0.15
    Acre
  • Listed By: Fair Market Value Investment Sales
  • Source: MIBOR REALTOR® Association

Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,140. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Package: 2317 Fletcher Ave ($95k with all 3 lots), 2512 Fletcher Ave ($35k), 1911 Noble St ($35k), 371 W Douglas St ($120k)

Property Type :

Residential

County :

Madison

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 2

Bathroom Information

Total Baths: 3

Full Baths: 3

Room Information

Rooms Total: 2

Has Basement: Yes

Interior Features

Windows Vinyl

Appliances : None

Flooring Information

Construction Materials : Other

Heating & Cooling

Heating: Other

Cooling: Other

WaterSource: Other

Building Information

Year Built: 1924

Lot Information

Lot Square Feet: 6336

Lot Acres: 0.15

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Other

Listing Price Information

Original List Price: $35000

Tax Information

Tax Lot: 013

Tax Legal Description: Central Ave 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Tax Year: 2023

Parcel Number: 481124101039000003

School Information

Junior High School: Highland Middle School

Utility Information

Water Source: Other

Location Information

Subdivision: Central Avenue Heights

City: Anderson

Direction: GPS Friendly

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1742 Meridian Street, Anderson, IN,46016 $250,000 -- -- -- 1.683 Acres
1121 S Madison Avenue, Anderson, IN,46016 $49,900 -- -- -- 0.58 Acre
815 W 22nd Street, Anderson, IN,46016 $157,000 3 2 1,362 0.07 Acre
W 17th Street, Anderson, IN,46016 $15,000 -- -- -- 0.13 Acre
1402 S Madison Avenue, Anderson, IN,46016 $325,000 -- -- -- 1 Acre
0 E 18th Street, Anderson, IN,46016 $50,000 -- -- -- 0.45 Acre
2114 Locust Street, Anderson, IN,46016 $10,000 -- -- -- 0.15 Acre
2703 E Lynn Street, Anderson, IN,46016 $160,000 2 2 2,504 0.14 Acre
2225 Saint Charles Street, Anderson, IN,46016 $7,000 -- -- -- 0.12 Acre
1424 W 8th Street, Anderson, IN,46016 $59,900 3 2 2,029 0.13 Acre

Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 04/27/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/27/2024 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 04/27/2024 @ 06:20

MLS: MIBOR #21966931
LISTED BY: Jordan Ice, Fair Market Value Investment Sales
SOURCE: MIBOR REALTOR® Association
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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